Minister's son skipped college, failed as professional songwriter. Made first fortune with investment in timberland. Bought Montana land for $140 an acre, swapped for ski slopes near Big Sky. Developed Yellowstone Club: 13,400-acre resort with private ski mountain, golf course for The Forbes 400 set. Spent the past year snapping up properties for Yellowstone Club World, thought to be most expensive vacation resort club ever created—memberships start at $1.5 million. Still owns timberland, development properties in Palm Desert; writes songs for own record label, distributed by Warner Bros. Penned theme song for NBC's campaign to raise funds for hurricane victims. Newest toy: The Toothfairy, 150-foot yacht complete with grand piano, elevator, gym, rooftop Jacuzzi with see-through floor.

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